voestalpine: Eder Threatens to Withdraw from Austria

Politics ♦ Published: May 14, 2011; 15:19 ♦ (Vindobona)

The voestalpine steel company has to struggle already massively with the EU’s climate change protection objectives, said Eder. They should not be increased further.

voestalpine: Eder Threatens to Withdraw from Austria / Picture: © Voestalpine AG

"There is a growing risk of high-quality steel industry moving away from Europe", says CEO Wolfgang Eder. A tightening of the EU’s climate change protection objectives would accelerate the exodus. voestalpine has already responded: in future, investments will be only made ​​outside Europe.

For Eder a reduction in CO2 emissions by more than 30% constitutes a "threat". In the…